We already have it, at least in the "here" part of everywhere.  24K gold
jewelry is worn, carried hoarded in most of south east Asia.  You can pawn
or it, or simply sell it for very near spot price anywhere in the region.
There is barely any markup for craftsmanship on that account.  Set stones
are typically allowed for as part of the weight unless sized to an extreme.
The little bits of gold that I have are now worth many-fold what they cost
... I am pleased with the investment:-)

And those who choose to openly wear and flaunt their gold are typically
separated from it in short order, the same as those who flash around large
wads of currency.

Regards/Roger, in Bangkok

On 7/16/08, Cedric Chang <cc@nope9.com> wrote:
>
> Really, it is time to see a currency , public or private ,  that is
> accepted everywhere.  The dollar is a bad choice since the US
> Government keeps printing dollars in an attempt to keep afloat.  It
> would be great to see a private currency that was stable and
> universally accepted.
>
>
> cc
>
>
>
>
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